In the Short Run,a Firm 'S Output Level Is 10

question 100

Multiple Choice

In the short run,a firm 's output level is 10 units.Its total cost is $4000 and its average fixed cost is $100.What is this firm's average variable cost (AVC) of producing 10 units?

• A) AVC = $250
• B) AVC = $275
• C) AVC = $300
• D) AVC = $400

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Definitions:

Aspiration

The act of drawing in or out using a sucking motion, often refers to the medical procedure of removing substances from the body.

Respiratory

Pertaining to or affecting respiration or the organs involved in respiration.

Tuberculosis

A contagious bacterial infection that primarily affects the lungs but can also damage other parts of the body.

Tubercul

A term associated with tuberculosis, a contagious bacterial infection caused by Mycobacterium tuberculosis that primarily affects the lungs.